Member Info for oilmanmike

just found out something about our rig that trumps the RNS today.
https://www.infield.com/rigs/coslseeker-jackup-60656

from Wood Mackenzie no less

that was my main takeaway from this mornings RNS given that it was assumed extension was to granted. Conspicuous by it's absence was any mention of the Farm out. I take this to mean farm out
is conditional on the survey as it's required before COSL Seeker can finally position itself over the well location, being a jack up rig the legs require a firm footing.

ps while researching the rig I stumbled across some info that seems not to be in the market yet.
Just got to buy a few more then I will post. Sorry to be a tease but it is lunchtime and needs must.

a 2.5m but and a 3m buy.

Harel it is just that when you first arrived someone suggest you were a MM plant. You certainly are ticking some of the boxes mate.

harass it is the totally made up posts like that which cause the reaction to your posting you spoke of earlier. Also all of a sudden your English seems a lot better. Been on a crash course in the last hour?
LoL

sizeable buying continues

a little here.
Still plenty of buyers
to absorb ST sellers
This afternoon and
the next few days trading
is the key here.

Question is how far behind todays RNS is the farm out RNS and the Drill RNS

For those who are interested.
https://www.investopedia.com/terms/c/cupandhandle.asp

and looking at this mornings trades not as much selling as the share price suggests.
This will move up again soon as the ship leaves port leaving the big RNS re farm out to drop.
1.2p on farm out 2p pre spud. That about as far along the time line here as I am able to speculate
currently

is the current sp.
Moderate volume of 25m.
Good support from moving
averages.
todays RNS was not what we were
waiting for really, it was a given that
the licence would be extended another
12 months. The rise pre extension was
in anticipation of a farm out which needed
said extension to complete. So some of the
day traders have left the party , good I say.
I expect this to move up rapidly again as the
penny drops. I dare say some Cameroon officials
participated is the rise as well.
At least it's not fake Sheiks here.

no it isn't the next catalyst is MV Investigator leaving port.
I have unfiltered you because I think you have a good input
here. even if we rub shoulders and you have been annoying.
lets leave it there ok?

hared now you pull the racial bullying card.
couldn't make it up.
next it will be the anti semite card.
back on filter

harass you seem confused.
take a day off.

hard to imagine all that buying from nowhere just because they extended the license.
there is a lot more to this than that. The extension was a given hence the vessel arriving in the Cameroon. Farm out is now live with drill to follow with v high change of success on £45m of oil (our 50% post farmin). Some are in so much of a hurry to find the next best thing they cannot spot
an opportunity, even when it jumps up an pokes them in the eye. either that or pig ignorant.

TW>UNT

"The rise is not Cameroon related"
what was the rise on then harass.
I'm open ears!!
bonkers

looking good

Rocket13 calling Rocket13
Time to get back in.

Jim give it a rest will you.
Your post last night was just
confirmation of a earlier
commitment. still not too
late to buy here. Plenty left
in the tank